Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Michigan State, AF Group Partner on Master’s Certificate in Quantitative Risk Analytics
Dec 2 2019 // Lansing, Mich.-based AF Group and Michigan State University (MSU) Department of Statistics and Probability have teamed up to offer a master’s-level certificate in Quantitative Risk Analytics exclusively to AF Group...
Patriot Growth Insurance Services Acquires Shapiro Insurance Group of Florida
Dec 2 2019 // Patriot Growth Insurance Services, LLC, a national insurance agency, has added Shapiro Insurance Group (SIG) to its platform. The partnership with SIG marks Patriot’s entry into the Florida marketplace and...
Wholesale Broker H.W. Kaufman Acquires UK MGA Barbican Protect
Nov 27 2019 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Barbican Protect Ltd., as part of its continued expansion into the UK market, subject to...
AXA XL Buys London-Based Title Insurance Agency, Agrees to Buy Mexico Title Insurer
Nov 27 2019 // AXA XL announced it has completed the acquisition of Secure Legal Title Ltd., a London-based insurance agency and Lloyd’s approved coverholder, with operations in the U.K., Europe, India and the Americas. Founded in...
AssuredPartners Acquires Surety Solutions Insurance Services in California
Nov 25 2019 // AssuredPartners Inc. has acquired Surety Solutions Insurance Services Inc. of Rancho Cordova, Calif. The team of 15 will remain under the leadership of John Page and Ryan Tash. Surety Solutions is licensed in all 50...
Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B
Nov 25 2019 // Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in the...
Home Insurance Insurtech Hippo Buys Home Services Startup Sheltr
Nov 25 2019 // Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported. The insurtech said it...
Arch Re to Buy Aspen Re’s Global Credit and Surety Reinsurance Business
Nov 22 2019 // Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on...
MRI Software Acquires Ohio’s Multifamily Insurance Partners
Nov 22 2019 // MRI Software (MRI), a global provider of real estate software, has acquired Ohio-based Multifamily Insurance Partners, which provides resident insurance programs for the US multifamily rental market. The launch of MRI...
Trump Signs Month-Long Government Funding That Includes Flood Insurance Program
Nov 21 2019 // President Donald Trump signed legislation on Thursday that will extend funding for a wide range of federal agencies through Dec. 20 and avoid partial government shutdowns that otherwise would have begun on Friday. An...
Arthur J. Gallagher Subsidiary, Artex Risk, Acquires Texas’ EWI Re
Nov 21 2019 // Artex Risk Solutions Inc., a captive and alternative risk transfer specialist subsidiary of Rolling Meadows, Illinois-based global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher...
Iowa’s Premier Advisors Acquired by Accel Holdings
Nov 21 2019 // Accel Wealth Management LLC, a financial services division of Accel Holdings Inc., has acquired Premier Advisors LLC, an independent financial management consulting firm located in Cedar Rapids, Iowa. The Accel Group, an...
The Hilb Group Acquires North Carolina’s Employee Benefit Advisors of the Carolinas
Nov 21 2019 // The Hilb Group LLC (THG) has acquired North Carolina-based Employee Benefit Advisors of the Carolinas LLC (EBA). The transaction became effective November 1, 2019. Located in Charlotte, N.C., EBA is a full-service employee...
Aon to Acquire CoverWallet, Small-Medium Business Digital Insurance Agency
Nov 20 2019 // Global insurance broker Aon has agreed to acquire CoverWallet, a leading digital insurance platform for small and medium-sized businesses. The acquisition provides Aon with additional access to what it sees as a...
Hub International Acquires Assets Of New York-Based JW Retirement Group
Nov 20 2019 // Hub International Limited, a global insurance brokerage, has acquired a brokerage services and investment advisory book of business from William Peragine III and John Biondo, previously dba together as The JW Retirement...
Federal Reserve Approves BB&T and SunTrust Banks Merger
Nov 19 2019 // The Federal Reserve Board on Tuesday approved the application by BB&T Corp. of Winston-Salem, North Carolina, to merge with SunTrust Banks, Inc. of Atlanta, Georgia. The merged entity will be called Truist Financial...
Risk Strategies Acquires Thomas McGee Group in Missouri
Nov 19 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Thomas McGee Group (TMG), a Missouri-based full-service brokerage with specialty capabilities for large accounts, group...
Data Firm Palantir’s Partnership with Japan’s Sompo Insurance Targets Health, Cyber
Nov 18 2019 // Silicon Valley data analytics company Palantir Technologies Inc. has established a joint venture with Japanese insurance holding company Sompo Holdings Inc. that will initially focus on health and cybersecurity clients,...
Demand for M&A Insurance Sees Significant Growth: Aon
Nov 18 2019 // An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds...
USI Acquires Alfred J. Davis Company in Oregon
Nov 15 2019 // USI Insurance Services has acquired Portland, Ore.-based insurance agency Alfred J. Davis Co. Terms of the deal were not disclosed. The agency’s employees and business operations will be integrated with USI’s...
